Global Feed Post Login
Replying to Avatar StevenMcClurg

Daly says more rate hikes may not be needed to stop inflation.

Correct.

What is needed to slow inflation is 1) decrease (not increase) of government spending 2) no more bank bailouts, particularly on the Feds balance sheet and 3) and unwinding the Fed balance balance sheet

Oh yeah, and I'm bullish bitcoin

Avatar
sigmundsplatz 2y ago 💬 1

All of that does not sound particularly likely to happen 🤔

Reply to this note

Please Login to reply.

Discussion

Avatar
StevenMcClurg 2y ago

Correct

Thread collapsed